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AUCTION OF 13W T - BILLS

 

On March 20, 2012 the Hellenic Republic will auction 13 Weeks T-Bills, in book entry form, with maturity 22 June 2012.

The amount to be auctioned is 1,000 million Euro.

Settlement date is March 23, 2012 (T+3).

Only Primary Dealers are allowed to participate, according to their operation regulations.

During the auction non – competitive bids can be submitted up to 30% of the auction amount. On top of that, Primary Dealers can submit non-competitive bids up to another 30% of the auctioned amount, until March 22, 2012 (12:00 p.m. local time).

The day count convention is ACT/360.

No commission will be paid for the T-Bills auctioned.

Only bids through the Electronic Trading System (H.D.A.T.) are accepted.